WSJ: Facebook Crypto Project Seals $10M Investment Each From Visa, Mastercard, Paypal, Uber

Visa, Mastercard, PayPal, Uber and others have allegedly each invested around $10 million in the governance consortium. Facebook has allegedly sealed backing from over a dozen firms that include Visa, Mastercard, PayPal and Uber for its soon-to-be-unveiled cryptocurrency project. The news was reported by the Wall Street Journal (WSJ) on June 13. Source ostensibly familiar […]

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Rhode Island Solicits Proposals for Blockchain Solutions in Government

The Rhode Island government is seeking proposals from qualified firms on blockchain solutions that improve efficiency, transparency, accuracy and security in the state. The Rhode Island Department of Administration/Division of Purchase in the United States has issued a public solicitation for blockchain solutions via proof-of-concept proposals, according to official documentation published on May 31. The […]

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Canadian University to Issue Blockchain-Based Diplomas to Class of 2019

The Southern Alberta Institute of Technology has partnered with blockchain marketplace ODEM to issue blockchain copies of diplomas for 4,800 students. A Canadian tech institute will issue blockchain-based diplomas to its next graduating class, according to an official press release on June 13. The Southern Alberta Institute of Technology (SAIT) has partnered with blockchain marketplace […]

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Conglomerates’ Deep Pockets Continue Blockchain Growth in South Korea Despite Crypto Ban

A tough crypto regulatory stance has not discouraged Korea’s largest companies from investing in blockchain. Unlike in other countries, where startups are at the heart of blockchain development, the South Korean blockchain landscape has “chaebols,” large, family-owned business conglomerates in Korea, at its heart. Just about every month, reports and announcements of large South Korean […]

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Fundstrat Global Advisors Technical Analysis Points to Further Rally

In its new technical analysis, market research company Fundstrat Global Advisors says that it is time to buy cryptocurrencies. In its new technical analysis, market research company Fundstrat Global Advisors says that cryptocurrencies are poised to make further gains, Bloomberg reported on June 13. Per the analysis, most digital currencies are trending upwards as relative-strength-index […]

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